Mobile phone operator Digicel said Wednesday it plans to wind down operations in Panama following the government’s approval of a merger between competitors Cable & Wireless Panama (CWP) and Claro. The merger, in which the Panamanian government will be a 49% shareholder and gives the companies 56% of the market, “effectively spells the end of […]
The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which would increase rates charged on cargo such as vehicles, oil and gas and soybeans that cross the waterway as ocean shippers rake in record profits. The changes would reduce the current structure to fewer than 60 tariffs from 430 now and focus […]
By the time Natalia and her family were called to enter the Panamanian embassy in Havana, they had been sleeping on the grass outside for nearly a week. Natalia, who spoke under a pseudonym for security reasons, had travelled to the Cuban capital in early March along with her mother, aunt and cousin – a […]
ASSIGNMENT OF A UNIQUE REGISTRATION CODE (HEREINAFTER “CUR”): Every lawyer or law firm that intends to provide resident agent services for Panamanian legal entities must be registered in the Unique System of the Superintendence of Non-Financial Subjects. After their registration, the Superintendence of Non-Financial Subjects will assign a Unique Registration Code (hereinafter “CUR”) to each […]
Recent seizures of illegally sourced wood in Panama have highlighted the important role the country plays the international timber trade, due to both its strategic geographical position and valuable species of trees on its territory. On March 28 and 31, Panamanian police seized two containers at ports in the northern city of Colón, carrying a […]
With a bag full of hopes and dreams, Iriana Ureña, a 32-year-old Venezuelan mother of two, arrived at a Migrant Reception Station (ERM) in San Vicente, at the edge of the Darien Gap. The look in her eyes showing the pain of a mother who would do anything to protect her children. Iriana and her […]
Roughly 3 million years ago, a land mass arose from the ocean creating an isthmus connecting what is now North and South America. At the heart of that land bridge today is the country of Panama, which boasts greater bird diversity than any other Central American nation, but whose rainforests are being impacted by urbanization […]
Norwegian Cruise Line’s Norwegian Jewel returns to service and arrived in Colon, Panama, ahead of a cruise that will see the ship homeport in the city for the first time, but also the only time for now. The NCL vessel will embark on a 12-day cruise to San Diego, California. In December of last year, […]
It can be heard said on the streets of Panama that boxing transcends sport in that country and is in fact a religion in itself. Several generations of people have grown up knowing that one of the greatest fighters of all time, Roberto “Manos de Piedra” (Hands of Stone) Duran, was born in that Central […]
The leader of Panama’s largest drug trafficking group has been arrested in Costa Rica and is set to be extradited to the United States, although this is unlikely to heavily disrupt the cocaine pipeline through Central America. On February 11, security forces in Costa Rica detained Jorge Rubén Camargo Clarke, alias “Cholo Chorrillo,” as he […]